642 Main Street

Saco, ME 04072

$1,650,000
Price
713,077 / 16.37
Lot Size / Acres

Description

Large tract of land is ideally suited for age-restricted multi-family housing as Saco lowers density to 1,000 square feet per dwelling unit versus existing 7,500 SF. Estimate a potential of 150 +/- dwellling units at 1,000 SF density. Density is 3,000 SF when afforable housing (any age) is 51+% of the project. Hospitality and storage are two other permitted uses. It's an ideal location given I195 is a quarter mile south and Hannaford Supermarket is a half mile south. It's located in the Qualified...Large tract of land is ideally suited for age-restricted multi-family housing as Saco lowers density to 1,000 square feet per dwelling unit versus existing 7,500 SF. Estimate a potential of 150 +/- dwellling units at 1,000 SF density. Density is 3,000 SF when afforable housing (any age) is 51+% of the project. Hospitality and storage are two other permitted uses. It's an ideal location given I195 is a quarter mile south and Hannaford Supermarket is a half mile south. It's located in the Qualified Opportunity Zone. List price is a plug as it's listed at $11,000 per door.
  1. Listed by Michael Rogers • EXP Realty

Property Details for 642 Main Street

Waterfront
No
Zoning
Portland Road
LISTING UPDATED: 12/23/2024 02:20 PM

Property Details for 642 Main Street

StatusActive
MLS #1603280
Days on Market114
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size16.37 AC
CountyYork County

Building Information for 642 Main Street

Lot Size16.37 AC

Property Information for 642 Main Street

Summary
Location and General Information
  • Directions: Land behnd Camden National Bank and behind building at 644 Main Street. It's across from Ross Road.
  • Town: Saco
  • State/Province: ME
  • Zip Code: 04072
  • County: York
  • Geo Latitude: 43.514797
  • Geo Longitude: -70.431084
  • Road Frontage Type: Private
  • Tax Lot: 010
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Right of Way: Yes
  • Site:Wooded: Yes
  • Location:Business District: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 21+ Spaces, Common, On Site
Taxes and HOA Information
  • Tax Book Number: 5086
  • Tax Map Number: 42
  • Tax Year: 23
  • Parcel Number: 642MainStreetSaco04072
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1.00
Property
Lot Information
  • Lot Size Acres: 16.37
  • Source of Acreage: Public Records
  • Lot Size Area: 16.37
  • Lot Size Units: Acres
  • Lot Size Square Feet: 713077.2
  • Street Number: 642
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Deed Type Offered: Quit Claim w/Covenant
  • Property Information:Deed: Partial
  • Property Information:Deed Restrictions: Yes
  • Property Information:Mobile Homes Allowed: No
  • Property Information:Acreage Other Source: Town
  • Property Information:Source of Road Frontage: Deed
  • Property Information:Road Front Other Source: Town
Parking
  • Driveway:Common: Yes
Property and Assessments
  • Property Type: Land
  • Property Type Label: Land
Utilities
  • Electric: Three Phase, On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:No Gas: Yes
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 642 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 642 Main Street

This home is within Saco Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
C K Burns School
Public3 to 5

Saco Middle School
Public6 to 8

Saco Transition Program
Public9 to 12

Young School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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642 Main Street is a 16.37 ac of land for sale in Saco, ME 04072. This property was listed for sale on September 7, 2024 by EXP Realty, it's currently listed at $1,650,000. This listing's school district is Saco Public Schools. Nearby schools include C K Burns School, Saco Middle School and Saco Transition Program. 642 Main Street is a 0-bed, 0-bath, 16.37 ac of land on a 713,077 sq. ft. / 16.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.